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Kuwait

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U.S.-Kuwait Trade Facts

Kuwait is currently our 51st largest goods trading partner with $6.6 billion in total (two way) goods trade during 2016. Goods exports totaled $3.3 billion; goods imports totaled $3.3 billion. The U.S. goods trade deficit with Kuwait was $6 million in 2016.

According to the Department of Commerce, U.S. exports of goods to Kuwait supported an estimated 14 thousand jobs in 2015 (latest data available).

Exports

  • Kuwait was the United States' 50th largest goods export market in 2016.

  • U.S. goods exports to Kuwait in 2016 were $3.3 billion, up 20.2% ($555 million) from 2015 and up 57.9% from 2006.  

  • The top export categories (2-digit HS) in 2016 were: vehicles ($802 million), aircraft ($537 million), machinery ($417 million), electrical machinery ($273 million), and optical and medical instruments ($158 million).

  • U.S. total exports of agricultural products to Kuwait totaled $220 million in 2016. Leading domestic export categories include: vegetable oils (ex. soybean) ($41 million), beef & beef products ($22 million), tree nuts ($21 million), condiments & sauces ($18 million), and prepared food ($17 million).

Imports

  • Kuwait was the United States' 55th largest supplier of goods imports in 2016.

  • U.S. goods imports from Kuwait totaled $3.3 billion in 2016, down 29.5% ($1.4 billion) from 2015, and down 17.1% from 2006.  

  • The top import categories (2-digit HS) in 2016 were: mineral fuels ($3.1 billion), fertilizers ($76 million), special other (returns) ($67 million), miscellaneous chemical products ($4 million), and organic chemicals ($2 million).

  • U.S. total imports of agricultural products from Kuwait totaled $346 thousand in 2016. 

Trade Balance

  • The U.S. goods trade deficit with Kuwait was $6 million in 2016, a 99.7% decrease ($1.9 billion) over 2015.

Investment

  • U.S. foreign direct investment (FDI) in Kuwait (stock) was $189 million in 2016. There is no information on the distribution of U.S. FDI in Kuwait.

  • Kuwait's FDI in the United States (stock) was $1.1 billion in 2016, up 0.8% from 2015. 

NOTE: No services trade data with Kuwait are available.